Posts Tagged ‘Dubai World’
By Kipp • Mar 17th, 2010 • Category: Cover Story, Slideshow Article
The Wall Street Journal recently compiled a Who’s Who of the most prominent business figures in the Emirates. Here’s the lowdown on the expatriates that made the list.
By Kipp • Mar 10th, 2010 • Category: Middle East Business News
“There are signs of some progress being made from what I hear from the banks,” UK Trade Minister Mervyn Davies said in Dubai on Wednesday.
By Kipp • Mar 8th, 2010 • Category: Middle East Business News
Dubai World restructuring plan could hit UAE banks’ ratings even harder, says S&P executive.
By Kipp • Mar 7th, 2010 • Category: Middle East Business News
Shares in the ports company, part of the troubled Dubai World, rise following news that it may offer new shares on the London exchange.
By Kipp • Feb 23rd, 2010 • Category: Middle East Business News
Chief commercial officer Manal Shaheen leaves Dubai property developer; PR team reduced amid continuing layoffs.
By Ben Flanagan • Feb 16th, 2010 • Category: Cover Story, Economy
Trading in Shariah-compliant products is about to enter a new age. But as the controversy over the Nakheel sukuk illustrated, the industry is still mired by a lack of transparency.
By Ben Flanagan • Feb 15th, 2010 • Category: Cover Story, Nation
With the emirate’s total obligations now in excess of $100 billion, the UK’s Business Secretary Lord Mandelson says ‘time is running out’ for a restructuring plan.
By Kipp • Feb 14th, 2010 • Category: Middle East Business News
Dubai Financial Market index falls 3.5 percent on news that the troubled conglomerate may only repay 60 percent of debt after seven years.
By Kipp • Feb 7th, 2010 • Category: Kipp's Blog
Extravagance, decadence, glamour. All this defined both Dubai, and the 40-year old cruise liner its state investment arm bought in 2007. But not any more.
By Kipp • Feb 6th, 2010 • Category: Middle East Business News
Dubai World is currently looking to restructure $22 billion of debt.
By Kipp • Feb 3rd, 2010 • Category: Middle East Business News
Dubai World’s investment unit is looking to sell Inchcape Shipping Services for up to $700 million.
By Kipp • Jan 24th, 2010 • Category: Middle East Business News
Dubai World is estimated to have debts of around $57 billion.
By Kipp • Jan 21st, 2010 • Category: Kipp's Blog
The Arabian Gulf is home to a growing number of ocean liners with onboard gambling dens –something which is likely to attract the disapproval of some.
By Kipp • Jan 17th, 2010 • Category: Middle East Business News
Shares tumble due to fears over Dubai World debt restructuring
By Aarti Nagraj • Dec 30th, 2009 • Category: Cover Story, Dubai, Media, The Work
The financial crisis, the ever-existing labor problems, and the recent debt debacle….Dubai and its blunders became juicy fodder for the international press during 2009.